Iconic Italian brand saw sales up 27.4% over 2019, signed four franchise deals and opened three locations in third quarter
With three quarters of record-setting sales and historical growth, Fazoli’s stands among the best in the industry.
In Q3, the iconic Italian brand’s historical double-digit month-over-month sales streak soared. With systemwide sales up 27.4% over 2019, the brand celebrated sales among the best in the industry, according to a report from Kalinowski Equity Research, LLC.
“At Fazoli’s, we are a very tactical organization that focuses on consumer behaviors and it continues to position the brand as a leader in the industry,” said Fazoli’s CEO Carl Howard. “At our core, we provide delectable Italian dishes at an unbeatable value, highlighted by our exceptional service. We stand out among the competition – over major brands like Burger King, McDonald’s and Domino’s.”
A technology driven brand, Fazoli’s is seeing rapid growth in its rewards program. In Q3, Fazoli’s saw an impressive 8% growth in unique loyalty guests from the second quarter. Fazoli’s total loyalty sales reached $5,837,902, a nearly 12% lift from Q2.
Fueled by its record-breaking sales and traffic, Fazoli’s is on track to achieve its aggressive development plans, with franchise leads up over 45% for the quarter, and up over 75% year-to-date. In Q3, the brand signed four area development agreements to add 10 new locations throughout Florida, Georgia, North Carolina and South Dakota. The brand celebrated three new openings in Q3 in Rome, Georgia; Warrensburg, Missouri; and Zanesville, Ohio. The brand is slated to open six more locations in Florida, Tennessee and Texas for a total of 15 new restaurants, setting a record for new openings.
“Future franchisees are looking for a lucrative investment opportunity, and that’s what they’re getting when they sign with Fazoli’s,” Howard said. “Our AUVs have never been higher, and we’re growing our brand’s footprint across the country at an unprecedented rate. From record-breaking sales, a focus on operational excellence and impressive guest engagement online, we’re doing everything right. Fazoli’s future is limitless.”
Fazoli’s: Fast. Fresh. Italian.
Founded in 1988 in Lexington, Ky., Fazoli’s owns and operates nearly 220 restaurants in 27 states, making it the largest premium QSR Italian chain in America. Fazoli’s prides itself on serving premium quality Italian food, fast, fresh and friendly. Menu offerings include freshly prepared pasta entrees, Submarinos sandwiches, salads, pizza and desserts – along with its unlimited signature breadsticks. Fazoli’s is a winner of FastCasual and Steritech’s 2020 Excellence in Food Safety Award and was named one of the “Top 50 Global Fast Casual Innovators in 2021” by Foodable, a “Top 200 Franchises in 2021” by Franchise Business Review, a FastCasual “Brand of the Year,” and an Entrepreneur 2018 “Franchise 500.” CEO Carl Howard was named among the most influential restaurant CEOs in the country in 2020 by Nation’s Restaurant News, was recognized as one of the top 25 industry leaders on FastCasual’s 2021 Top 100 Movers and Shakers list, and he and his team were recipients of the 2021 American Business Awards Gold Stevie Awards in Food & Beverage for Company of the Year and Achievement in Management.